
Sole Proprietorship
Authored by jomy jolly
Business, Education
11th - 12th Grade
Used 464+ times

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7 questions
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1.
MULTIPLE SELECT QUESTION
20 sec • 1 pt
What is a Sole Proprietorship?
Business owned by president
Business owned by several companies
Business owned by one person
Business owned by a company
2.
MULTIPLE SELECT QUESTION
20 sec • 1 pt
Sole proprietorship business can be started by
at least seven persons
any one person
at least two persons
at least three persons
3.
MULTIPLE SELECT QUESTION
20 sec • 1 pt
Sole Proprietorship is most suitable for
Medium scale concerns
Large scale concerns
Small scale concerns
None of the above
4.
MULTIPLE SELECT QUESTION
20 sec • 1 pt
A Sole proprietor concern is free from regulation by
Indian Contract Act
Government
Private Indian
Indian Law
5.
MULTIPLE SELECT QUESTION
20 sec • 1 pt
The reason for the end of the sole proprietorship can be
Insolvency
Insanity
Death
All the above
6.
MULTIPLE SELECT QUESTION
20 sec • 1 pt
Sole proprietorship business owner has
Restricted Liability
No Liability
Unlimited Liability
Limited Liability
7.
MULTIPLE SELECT QUESTION
20 sec • 1 pt
A sole proprietor has a limit in which of the following ability
Managerial
Owner
Worker
None of these
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